Bangkok: Land windfall tax ceiling set at 5%
The Fiscal Policy Office says it will set the ceiling for the land windfall tax at 5% of the inflated value of property from infrastructure projects. The maximum 5% rate has been widely adopted in many countries, said FPO director-general Krisada Chinavicharana. Read more on: www.bangkokpost.com
Source : Bangkok: Land windfall tax ceiling set at 5%